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Business
S&P/TSX composite creeps higher Monday, U.S. markets closed
TORONTO – Gains in telecommunication and energy stocks helped Canada’s main stock index creep higher…
Mastermind terminates 272 employees as sale to Unity closes
TORONTO – Mastermind Toys has terminated about 272 employees as the retailer is turned over…
Asking rents jump 8.6% in December to hit record $2,178 on average: report
A new report says the average asking price in December for a rental unit in…
As Canadians cut back, mortgage holders say they can make higher payments: BoC survey
OTTAWA – Canadians are increasingly cutting back on spending while mortgage holders remain confident they…
Kristian Aquilina named new president and managing director of GM Canada
OSHAWA, Ont. – General Motors has named Kristian Aquilina as GM Canada’s new president and…
Houthi rebels strike a U.S.-owned ship off the coast of Yemen in the Gulf of Aden, raising tensions
JERUSALEM (AP) — Houthi rebels fired a missile, striking a U.S.-owned ship Monday just off…
Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution
With interest rate cuts likely on the horizon, the Canadian Real Estate Association expects the…
Boeing to increase quality inspections on 737-Max following Alaska Airlines blow out
NEW YORK (AP) — Boeing told employees Monday that it plans to increase quality inspections…
Statistics Canada says manufacturing and wholesale sales rose in November
OTTAWA – Statistics Canada says manufacturing sales rose 1.2 per cent to $71.7 billion in…
AGF buying majority stake in alternative investment firm Kensington Capital
TORONTO – AGF Management Ltd. has signed a deal to buy a 51 per cent…
Thomson Reuters raises offer for Pagero Group, acquires majority stake
TORONTO – Thomson Reuters Corp. has raised its offer for Swedish company Pagero Group. Under…
Persistence Capital Partners signs deal to take Neighbourly Pharmacy private
TORONTO – Private equity firm Persistence Capital Partners has signed a definitive agreement to buy…
Bernardo Arévalo sworn in as Guatemala’s president despite months of efforts to derail inauguration
GUATEMALA CITY (AP) — Bernardo Arévalo was sworn in as Guatemala’s president on Monday minutes…
Five things to watch for in the Canadian business world in the coming week
TORONTO – Five things to watch for in the Canadian business world in the coming…
Economists expect December inflation ticked up, trend still points to slowdown
OTTAWA – Economists are forecasting Canada’s inflation rate likely ticked up last month, but that…
Halal food industry growing to meet demand as Muslim population continues rising
Eleven years ago, the recipe for the McCain Deep’n Delicious cake — a decades-old Canadian…
Nova Scotia Power gives details of application to pass on Fiona damage to customers
HALIFAX – Nova Scotia Power is detailing how it wants to recover costs incurred due…
The ruling-party candidate strongly opposed by China wins Taiwan’s presidential election
TAIPEI, Taiwan (AP) — Ruling-party candidate Lai Ching-te emerged victorious in Taiwan’s presidential election on…
US military strikes another Houthi-controlled site after warning ships to avoid parts of Red Sea
WASHINGTON (AP) — The U.S. military early Saturday struck another Houthi-controlled site in Yemen that…
Regulator approves Trans Mountain pipeline variance request
CALGARY – The imminent completion of the Trans Mountain pipeline expansion is more likely following…
Housing crunch prompts efforts to stabilize immigration levels, say federal ministers
OTTAWA – Housing Minister Sean Fraser and Immigration Minister Marc Miller say the federal government…
Most actively traded companies on the Toronto Stock Exchange
TORONTO – Some of the most active companies traded Friday on the Toronto Stock Exchange:…
Canada embarks on preclearance pilot project on U.S. side of Quebec/N.Y. land border
WASHINGTON – Canada is embarking on an effort to test the boundaries of its shared…
TSX rises Friday, while U.S. markets end mixed on inflation data, bank earnings
TORONTO – Canada’s main stock index posted a small gain Friday, while U.S. markets were…